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St. Pete Standard

Saturday, November 16, 2024

How did home prices perform in St Petersburg during May 2021?

Realestate3

Adobe Stock

Adobe Stock

The median sale price of a home sold in May 2021 in St Petersburg rose by $43,750 while total sales increased by 7.7%, according to BlockShopper.com.

In May 2021, there were 98 homes sold, with a median sale price of $268,750 - a 19.4% increase over the $225,000 median sale price for the same period of the previous year. There were 91 homes sold in St Petersburg in May 2020.

The median sales tax in St Petersburg for the most recent year with available data, 2019, was $1,746, approximately 0.6% of the median home sale price for May 2021.

The following table compares St Petersburg to other Pinellas County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Oldsmar310-70%$313,500$327,500-4.3%
Tarpon Springs11683.3%$305,000$214,95041.9%
Indian Shores110%$300,000$375,000-20%
Seminole231921.1%$285,000$205,00039%
Largo2223-4.3%$270,000$195,00038.5%
St Petersburg98917.7%$268,750$225,00019.4%
Clearwater605411.1%$265,000$183,00044.8%
South Pasadena7475%$250,000$214,50016.6%
Pinellas Park12120%$231,750$201,00015.3%
Kenneth City13-66.7%$208,000$207,0000.5%
Belleair Bluffs20-$154,000$0-

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